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CGD NOTES
February 22, 2023
This note looks at the development finance provided to multilateral institutions by a group of 13 major economies that have become significant international actors over the past decade. This group—which includes the five BRICS countries—are outside of the mainly Western, high-income countries that a...
CGD NOTES
March 30, 2022
The IMF is on track to establish its new lending vehicle—the “Resilience and Sustainability Trust (RST)”—that aims to re-channel some $50 billion of newly allocated special drawing rights (SDRs) from rich to developing countries. But there is a catch: the proposed conditions for accessing funds coul...
CGD NOTES
March 29, 2022
IMF and World Bank 2022 growth projections for emerging markets and developing economies (EMDEs), released in January this year, were not encouraging. They found that deteriorated macroeconomic fundamentals, partly resulting from policy responses to the pandemic, deep institutional deficiencies, and...
CGD NOTES
October 26, 2021
Official development assistance (ODA) can be and often is spent in well-off countries, where a vanishingly small proportion of the population live in poverty (Dissanayake & Tahmasebi, 2021). Such spending is sometimes justified either on the grounds that a large number of the global poor neverth...
CGD NOTES
September 20, 2021
Based on UN projections from the period 2015 to 2050, Rebekah Smith and Farah Hani have calculated that prime working-age populations of OECD countries will shrink by more than 92 million people while there will be nearly 1.4 billion new working-age people in developing countries. This note updates ...
CGD NOTES
June 23, 2021
This note presents estimates of Finance for International Development (FID) in 2018. FID is a grant equivalent measure of cross-border, concessional finance publicly provided for development. We introduced FID last year to better compare development finance provided by both DAC (OECD Development Ass...
CGD NOTES
December 06, 2019
Unless you have checked out of Earth, you must have heard phrases like, “data is the new oil,” “software is eating the world.” and “AI will disrupt everything.” Similar claims are bandied about as if they mean the same thing and as if they all point to the same tr...
CGD NOTES
October 22, 2019
Now that computers are capable of taking the jobs that require brain as well as brawn, it may appear there is little left for humans to do. But there are reasons to doubt the pessimism. This note reviews some of the literature around AI, automation, jobs, and development prospects with a focus on po...
CGD NOTES
March 26, 2019
Contrary to popular imagination, automation in the workplace is not some modern-day development composed chiefly of hardware, robotics, and human-cognition level embedded algorithms. Instead, it is an old phenomenon consisting primarily of business productivity software deployment in the f...